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ASSIGNMENT ONE

INTERNAL and DISTANCE LEARNING STUDENTS

Due Date 14th August

1.        Assignment 1 is a written piece of work that assesses written communication skills worth 20%.

2.        Written  assignment  takes  into  consideration  written  communication  skills  in

economic issues discussed in the topic, that involves  expressing yourself in writing clearly, credit will be given for these attributes.

3.      The assignment should be about 2,000 words. Please try not to exceed the word limit.

4.      Assignment should be uploaded on Stream by 14th August, 4pm.

Assignment 1

Development is conceived as a multidimensional process involving major changes in the social structures, popular attitudes, national institutions and acceleration of economic growth. Through the development process nations aim to provide the basic needs, reduce inequality, raise the standard of living through appropriate economic growth process, improve self-esteem, and expand freedom of choice in the market and  beyond.  However,  it  has  been  noted  that  many  developing  countries  find themselves in precarious conditions facing major development challenges and low economic growth.

In discussing the various theories of economic growth what do you think are the most  serious  growth  and  development  obstacles  to  further  the  progress  in developing countries?  Explain which policies the governments of developing countries may be implemented to overcome their economic growth problems. Give specific country examples and regional examples to support your answer.

Suggested Readings:

Todaro and Smith (2015)                 Chapters 1, 2, 3 and Chapter 4 (pp.164- 175)

See also country case studies 1, 2, 3 and 4

Set Readings from Section A.3       Temple, J. (1999)

Collier and Gunning (1999)

See recent journal articles in these areas which follows well from the theory and example shown in Temple (1999) and Collier and Gunning (1999) articles.

You should also use journal articles and other books that form part of your reading list and research.